FTSE 100 suffers biggest one-day fall since August as Donald Trump’s sweeping tariffs wipes trillions off global markets – business live

Shares slump on both sides of the Atlantic, and across Asia-Pacific, as US dollar falls to six month low after US President Trump’s ‘liberation day’

Starmer warns Trump’s US tariffs not just ‘short-term tactical exercise’ – UK politics live

PM says measures mark ‘the beginning of a new era’ for trade and the global economy

Von der Leyen calls tariffs ‘a major blow to world economy’ while calling for last-ditch negotiations

President says ‘nothing can be ruled out’ in response to US measures

Dollar hits six-month low after president announces sweeping tariffs on US’s largest trade partners

Howard Lutnick tells CNN that US president stands by decision to impose sweeping tariffs on nations around the world

Jonathan Reynolds tells MPs he is keeping ‘all options on the table’ after Trump’s announcement of import taxes on British goods

Three claimants allege Mumbai-based consultancy firm discriminated against them during restructuring

More health-conscious young people take total to 11.5m memberships, report finds, as experts cite social aspect alongside fitness

A global trade war could affect everything from prices to pensions, and inflation to interest rates

Ministers are considering how to secure an agreement that might exempt Britain from Trump’s tariffs

Retailer’s ‘gift to America’ could be hit by new taxes as it also adjusts to rules on advertising high fat, sugar and salt foods

Chinese commerce ministry says ‘there is no way out for protectionism’ as tariffs rise from 20% to 54%

‘Willing sycophants’ came up with simplistic formula that has thrown global economy into disarray

Mutual reports increase from £28m to £161m, but says ministers ‘layering costs’ on retailers could hit high streets